Greek Economic Sentiment Hits Six-year High

Greece ’s economic sentiment index rose to 94.8 points in February from 92.6 points in January, the biggest increase since September 2008, according to the monthly report by the Directorate General for Economic and Financial Affairs (DG ECFIN) made public on Thursday. According to AMNA the Economic Sentiment Indicator (ESI) in the eurozone and the EU remained broadly unchanged, marking a marginal increase of 0.2 points in both the euro area from 101.0 to 101.2 and the EU from 104.8 to 105.0 points. In Greece, business expectations improved in the sectors of industry (+4.1), services (+2), retail commerce (+3.2) and constructions (+0.2), while consumer confidence dropped 0.7 points.

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